The Supreme Court ruled that X owes VAT on private use by A and B. Because X also used the property for business purposes and deducted all input tax, the property has become part of X’s business assets.
Source: taxlive.nl
Latest Posts in "Netherlands"
- VAT Increase on Hotels Could Lead to Billions in Losses for Tourism Sector
- Proposed VAT Increase on Tourism Yields No Net Gain, Faces Parliamentary Vote
- No VAT Deduction for Family Business Succession Advisory Costs, Court Rules Against A BV
- Impact of 2027 Policy Change on Home Batteries and VAT for Solar Panel Owners
- Supreme Court to Decide Tax Status of Paved Parking Lot: Built or Unbuilt Land?